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AI & Enterprise

AMD joins $1 trillion club, speeds up chase of Nvidia on AI chips

AMD has surpassed a $1 trillion market value, supported by expanding demand for artificial intelligence chips and strong results. Revenue in fiscal 2026 second quarter rose 50% from a year earlier to $11.5 billion, with data centre sales up 107% to $6.7 billion. Shares have gained about 185% this year. AMD also announced a strategic partnership with Anthropic, including up to 2 gigawatts of GPUs and a planned $5 billion investment.

Industry

AMD, Anthropic team up to build gigawatt-scale AI infrastructure

Competition to build computing infrastructure is spreading to gigawatt-scale capacity as AI demand grows. AMD and Anthropic said they signed a strategic partnership to deploy an \'AMD Helios\' rack-scale solution using up to 2 gigawatts of AMD Instinct MI450 series GPUs. Anthropic plans a first 1-gigawatt build starting in the first half of 2027, expanding its current MI355X-based environment. The two will also cooperate on engineering and software.